HR 9832 United States House · 118th Congress

CONTRACTS Act of 2024

The CONTRACTS Act of 2024 aims to increase opportunities for disadvantaged small businesses in federal contracting. The bill creates a public database tracking contract awards to socially and economically disadvantaged businesses, including those owned by HBCU business entities, and requires agencies to report on subcontractor engagement. It establishes a federal task force to coordinate efforts, remove barriers, and recommend policies to improve participation. The legislation also mandates diversity reporting for contractors and modifies subcontracting plans to better include disadvantaged businesses. These provisions directly affect small businesses owned by socially and economically disadvantaged individuals, with the goal of increasing their access to federal contracts.

Bill status in committee 1 of 4 stages cleared

Introduction

Sep 2024

Committee Review

Floor Vote

President

Introduced Sep 25, 2024 Last action Sep 25, 2024

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Sep 25, 2024

Committee

Referred to the Committee on Small Business, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Sep 25, 2024

Introduced

Introduced in House

lower

1 primary · 2 co-sponsors